Bank Muamalat
SMART Mortgage SJKP
Bank Muamalat SMART Mortgage SJKP is an Islamic term (non-flexi) home financing-i, rate on request, up to 120% margin, 35-year tenure.
- Type
- Islamic financing
- Shariah contract
- Tawarruq / Istisna
- Flexibility
- Term (non-flexi)
- Rate
- On request
- Rate basis
- Rate on request (step-up option)
- Max margin
- 120%
- Max tenure
- 35 years
- Lock-in
- None
Key features
- First home: up to 110%, or 120% under SJKP Madani
- Youth (21 to 35) and gig worker variants
Similar packages from other banks
| Bank / package | Rate | Lock-in | Margin |
|---|---|---|---|
| Bank RakyatHome Financing-iIslamicTerm (non-flexi) | 4.20%SBR + 1.45% (RM300k and above) | None | 95% |
| Bank RakyatHome Mortgage Suite-iIslamicTerm (non-flexi) | 4.20%SBR + 1.45% (RM300k and above) | None | 120% |
| OCBC MalaysiaCommodity Murabahah Home Financing-i (OCBC Al-Amin)IslamicTerm (non-flexi) | 4.45%SBR + 1.70% (indicative); ceiling profit rate 15% | None | — |
Bank Rakyat
Home Financing-i4.20%
IslamicTerm (non-flexi)· Lock-in None · Margin 95%
Bank Rakyat
Home Mortgage Suite-i4.20%
IslamicTerm (non-flexi)· Lock-in None · Margin 120%
OCBC Malaysia
Commodity Murabahah Home Financing-i (OCBC Al-Amin)4.45%
IslamicTerm (non-flexi)· Lock-in None · Margin —
Rates are the figures each bank publishes; “On request” means it doesn’t publish one. Estimate only — the bank decides the final rate and approval.
Rates shown are the examples or “as low as” figures each bank publishes on its product page or Product Disclosure Sheet; “On request” means the bank doesn’t publish one. Your actual rate depends on your profile, loan size and lock-in, and is set when you’re approved.Checked 21 October 2026. EstateBuds doesn’t give financial advice; confirm terms with the bank before applying.